Affin Hwang Review 2026
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- N/A
- eInvest (web platform and mobile apps for Android / iOS)
- Available on Margin Account, exact parameters not specified
- Access to IPOs, mutual funds, recurring investments
Our Evaluation of Affin Hwang
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Affin Hwang is a broker with higher-than-average risk and the TU Overall Score of 3.5 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Affin Hwang clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
How we tested Affin Hwang
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Affin Hwang
Affin Hwang, formally known as Affin Hwang Investment Bank Berhad, is part of the Affin Group, which also includes Affin Bank with more than 140 branches across Malaysia. Affin Hwang is a major investment bank and licensed broker that provides access to the stock market through its eInvest trading platform. The company is regulated by the Securities Commission Malaysia (SC) and offers stocks, ETFs, bonds, structured products, and investments in funds. Its core focus is on investment and advisory services for both retail and institutional clients.
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- Regulated by Securities Commission Malaysia.
- Transparent commission structure with no hidden fees.
- User-friendly eInvest web and mobile platform.
- Access to a broad range of assets: stocks, ETFs, bonds, mutual funds, and more.
- Personalized investment solutions and portfolio management.
- Participation in IPOs and new securities distributions.
- Integration with Affin Bank for unified access to investment and banking services.
- No 24/7 support.
- No clear information on the minimum deposit.
- Platform available only to residents of SC Malaysia-approved jurisdictions.
TU Expert Verdict
Chief Analytics Officer
Affin Hwang provides access to stocks, ETFs, bonds, mutual funds, and structured products through its eInvest web and mobile platform, serving both retail and institutional clients. The broker is regulated by the Securities Commission Malaysia and integrates with Affin Bank to enable unified investment and banking management. Clients may open Cash, Margin, or Nominee accounts with e-KYC onboarding and benefit from transparent, channel-based commissions starting from 0.08% or at least MYR 8 per eInvest trade. Personalized investment solutions, IPO participation, and recurring investment features are available, though leverage and minimum deposit details are not fully specified.
Drawbacks include the lack of 24/7 customer support, absence of information regarding minimum deposit, international deposit protection not being provided, and restricted platform access to residents of jurisdictions approved by the Securities Commission Malaysia. Affin Hwang may be suitable for Malaysia-based investors seeking a regulated, advisory-focused broker with traditional securities and portfolio management, though it is not intended for speculative trading or international users seeking broad global access.
Affin Hwang Summary
Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
| 💻 Trading platform: | eInvest (web platform and mobile apps for Android / iOS) |
|---|---|
| 📊 Accounts: | Cash Account, Margin Account, Nominee Account |
| 💰 Account currency: | MYR |
| 💵 Deposit / Withdrawal: | Bank transfer (including internal Affin Bank transfers) |
| 🚀 Minimum deposit: | N/A |
| ⚖️ Leverage: | Available on Margin Account, exact parameters not specified |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | Depends on instrument and exchange conditions |
| 💱 EUR/USD spread: | For equities only, not applicable |
| 🔧 Instruments: | Stocks, ETFs, bonds, mutual funds, structured products |
| 💹 Margin Call / Stop Out: | N/A |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market, Limit |
| ⭐ Trading features: | Access to IPOs, mutual funds, recurring investments |
| 🎁 Contests and bonuses: | No |
Affin Hwang is designed for investors rather than active traders, ensuring reliable access to Malaysian securities and international ETFs. Through eInvest, clients can invest in funds, bonds, and participate in IPOs without visiting a branch. Its commission model is transparent and fixed. Electronic trading via eInvest is more cost-effective for clients than dealer-assisted orders.
Affin Hwang Key Parameters Evaluation
Trading Account Opening
To create a user account with Affin Hwang, follow these steps:
Click "Open an Account" on the Affin Hwang website.
Provide personal information: name, contact number, email.
Choose the account type: Cash, Margin, or Nominee.
Upload copies of documents: identity card (NRIC or passport) and proof of address.
Verify details through e-KYC (digital document and identity verification).
Wait for registration confirmation. It is usually sent by email.
After activation, you will gain access to the user account and trading functions.
Features of Affin Hwang’s user account allow traders to:
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Deposit and withdraw funds using linked bank accounts.
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Track portfolios and positions.
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Submit buy and sell orders.
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Access reports on trades and dividends.
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Subscribe to IPOs and securities distributions.
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Download statements, certificates, and tax documents.
Is Affin Hwang Safe?
Affin Hwang is regulated by the Securities Commission Malaysia (SC), the official government body overseeing investment and brokerage companies in the country. Brokerage operations are carried out under the Capital Markets Services License (CMSL), issued to Affin Hwang Investment Bank Berhad.
All operations comply with SC investor protection requirements. Client funds are segregated from company capital. Account data is secured by a multi-layer system. Registration and login involve two-factor authentication (2FA), and all connections are encrypted.
Advantages
- Regulated by SC Malaysia, CMSL license.
- Segregation of client and company assets.
- e-KYC and 2FA security.
- Public disclosure and complaint policy.
Disadvantages
- Services available only to SC-approved residents.
- No international deposit protection.
- No direct insurance of assets in case of broker insolvency.
Commissions and Fees
Affin Hwang uses a fixed brokerage model, with commission based on the order channel. Through eInvest, the minimum commission is 0.08% of the transaction or at least MYR 8. Dealer-assisted orders cost up to 0.50%, or a minimum of MYR 40. There is no information about withdrawal fees on the website. Withdrawals to linked Affin Bank accounts are free. External bank transfers may incur receiving bank charges.
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Cash | 0.08% or MYR 8 | N/A |
| Margin | 0.30% or MYR 12 | N/A |
| Nominee | Depends on transaction type, from 0.08% | N/A |
Additional market-standard fees apply: stamp duty, Bursa Malaysia exchange fees, and Securities Sales Tax (SST).
Account Types
Affin Hwang offers three main account types, each for different purposes, from basic stock investments to margin trading. All accounts are opened online via eInvest with e-KYC and document verification.
All account types support purchases of stocks, bonds, ETFs, and mutual funds. Margin and Nominee account requirements may vary depending on client profile and internal compliance procedures.
Deposit and Withdrawal
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Funding is possible only from a bank account under the client’s name.
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Transfers are made via online banking, interbank transfer, or internal Affin Bank transfer.
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Funds are usually credited within one business day.
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Withdrawals must go to the same bank account used for deposits.
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Third parties cannot deposit or withdraw funds.
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Transfers to external banks may incur recipient bank fees.
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Withdrawal requests are processed only on business days.
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Withdrawals are available only after full KYC verification.
Investment Options
Affin Hwang offers not only self-directed trading but also solutions for passive investing with minimal involvement. The focus is on managed products and ready-made investment strategies.
Asset management services from Affin Hwang
Clients have access to professional capital allocation solutions managed by licensed portfolio managers. These tools allow investors to invest without conducting their own market analysis.
Available investment options:
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Ready-made mutual fund portfolios with different risk levels.
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Fixed-income instruments, including Islamic Sukuk bonds.
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Regular Investment Plans (RIP) with automatic allocation.
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Managed structured products linked to indexes or themes.
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Capital-protected products with fixed terms.
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Target-date funds for long-term goals.
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Model portfolios based on income, growth, or balanced strategy.
Affin Hwang’s unique approach means clients do not need to build portfolios manually. Solutions are designed and managed by professionals, with investors defining only their goals and risk level.
Affin Hwang partnership program
Affin Hwang focuses on direct client servicing and does not run a public partnership or referral program for retail clients.
Customer Support
Affin Hwang’s support is available during business hours, 8:45 to 17:30, Monday through Friday. Several contact methods are provided, with a hotline available for quick communication.
Advantages
- Support via email and phone.
- Forms and contact details available on the website.
Disadvantages
- No 24/7 support.
- No online chat or ticket system.
- No dedicated manager or personalized support.
Available communication channels:
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Email.
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WhatsApp.
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Hotline phone number.
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Website feedback form.
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Physical offices.
Support handles inquiries about the eInvest platform, account operations, corporate actions, and verification.
Contacts
| Foundation date | 1970 |
|---|---|
| Registration address | Level 19, Menara Affin, Lingkaran TRX, Kuala Lumpur, 55188, Malaysia |
| Regulation |
SC
Licence number: 197301000792 |
| Official site | https://www.affinhwang.com/en/homepage |
| Contacts |
+603 8230 5555, +6019 320 1147 (WhatsApp)
|
Education
Affin Hwang provides limited educational materials aimed at beginner investors. Training is available as text articles, basic guides, and introductory materials on investment types and account opening. All content is in English.
Affin Hwang does not provide structured educational courses, video tutorials, seminars, or interactive training tools.
Detailed review of Affin Hwang
Affin Hwang is a Malaysian investment broker offering diverse services for investors of varying experience levels. It focuses on the domestic stock market while also providing access to international products. Trading is available via the eInvest digital platform, accessible on web and mobile, or by phone. Affin Hwang delivers traditional brokerage services, investment consulting, asset management, and portfolio solutions for retail and institutional investors.
Affin Hwang by the numbers:
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1970: foundation of the first investment structure within the group.
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2014: launch of the Affin Hwang Investment Bank brand.
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3 main client account types.
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0.08%: minimum commission for trades via eInvest.
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MYR 8: minimum trading commission.
Affin Hwang is a broker for long-term investors
The broker is focused primarily on passive investors and clients seeking managed solutions such as mutual funds, bonds, and diversified portfolios. The platform interface is minimalist, and commissions are transparent. However, it lacks tools for algorithmic or high-frequency trading. This makes Affin Hwang suitable for clients who prefer steady capital management without constant market involvement.
Clients use nominee or individual accounts, opened under KYC and AML standards. Risk disclosures, client rights, and dispute resolution procedures are available on the website under Disclosure & Policy.
Useful Affin Hwang services:
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Built-in dividend and corporate action tracking.
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Access to rating products from internal analysts.
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Regular portfolio and financial performance reports.
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Online access to research and investment analysis.
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Personal consultations with an investment manager.
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Notifications and reminders about upcoming IPOs and new securities.
Advantages:
IPO participation without branch visits.
Convenient investment management via the eInvest mobile app.
Option to set up automatic recurring investments.
Support for nominee accounts for simplified asset ownership.
Secure asset custody under SC Malaysia regulation standards.
Direct purchase of Malaysian and international mutual funds.
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